Gold prices fell to a corrective low of $4,066 but managed to stay above a crucial support level at $4,103, marked by the 78.6% Fibonacci retracement. This support held through multiple tests, suggesting it could remain a pivot point in the short term. A decisive break below this level might push gold down to the next support near $4,028. Conversely, a rally above $4,226 could trigger a bullish breakout from a falling wedge pattern, potentially leading to a sharp upward move. Investors should watch these levels for signs of either a continued correction or a strong rebound.
Gold price support at $4,103 is critical for its next move. For readers following US stocks on Pluang, here is the market snapshot as of Oct 09, 2026 03:02 WIB: out of 150 priced stocks, 80 rose and 70 fell. Notable movers include LUMN at USD 5.56 with a 1-day change of -5.92%, INTC at USD 107.43 with a 1-day change of -5.03% and a buy order activity of 76%, and MU at USD 1,036.50 with a 1-day change of -4.73%.
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Bitdeer Technologies Group has issued a notice asking journalists and readers to disregard a previously released news statement about Bitdeer AI securing 60MW at its Cyberjaya, Malaysia facility and reaching 95% of its 350MW target capacity. This ret...
